Entrepreneurship and Innovation in Automobile Insurance

Entrepreneurship and Innovation in Automobile Insurance PDF Author: Samuel P. Black
Publisher: Routledge
ISBN: 1135659052
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
Entrepreneurs play a central role in economic growth and development, but how they do so is the subject of considerable debate. This book explains that process through an historical case study of an automobile insurance entrepreneur, Samuel P. Black, Jr., and Erie Insurance, the company he helped build. It also recounts the largely untold history of American automobile insurance. One of this study's central themes is the role of innovation in the entrepreneurial process. The rise of Erie Insurance from a four-person enterprise in Erie, Pennsylvania, in 1925 to the fourteenth largest property-casualty insurer today was the result, in part, of Black's relentless push to innovate. His continual efforts to cut costs, develop new products, satisfy customers, increase sales, and improve operations, all contributed greatly to the company's growth. A second theme is the automobile's dramatic impact on modern America. Its takeover of mass transportation provided the basis for the development of the automobile insurance industry and created many of the opportunities that Black and Erie Insurance capitalized on. These themes combine in the history of Black and Erie Insurance to illuminate the dynamic process by which the cultural, social, economic, and technological environment creates opportunities that entrepreneurs and entrepreneurial firms exploit, and how entrepreneurial actions stimulate economic growth.

Entrepreneurship and Innovation in Automobile Insurance

Entrepreneurship and Innovation in Automobile Insurance PDF Author: Samuel P. Black
Publisher: Routledge
ISBN: 1135659052
Category : Business & Economics
Languages : en
Pages : 382

Get Book Here

Book Description
Entrepreneurs play a central role in economic growth and development, but how they do so is the subject of considerable debate. This book explains that process through an historical case study of an automobile insurance entrepreneur, Samuel P. Black, Jr., and Erie Insurance, the company he helped build. It also recounts the largely untold history of American automobile insurance. One of this study's central themes is the role of innovation in the entrepreneurial process. The rise of Erie Insurance from a four-person enterprise in Erie, Pennsylvania, in 1925 to the fourteenth largest property-casualty insurer today was the result, in part, of Black's relentless push to innovate. His continual efforts to cut costs, develop new products, satisfy customers, increase sales, and improve operations, all contributed greatly to the company's growth. A second theme is the automobile's dramatic impact on modern America. Its takeover of mass transportation provided the basis for the development of the automobile insurance industry and created many of the opportunities that Black and Erie Insurance capitalized on. These themes combine in the history of Black and Erie Insurance to illuminate the dynamic process by which the cultural, social, economic, and technological environment creates opportunities that entrepreneurs and entrepreneurial firms exploit, and how entrepreneurial actions stimulate economic growth.

Digital Insurance

Digital Insurance PDF Author: Bernardo Nicoletti
Publisher: Springer
ISBN: 1137553278
Category : Business & Economics
Languages : en
Pages : 365

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Book Description
This book explores the ways in which the adoption of new paradigms, processes, and technologies can lead to greater revenue, cost efficiency and control, as well as improved business agility in the insurance industry.

Entrepreneurship and Innovation: An Economic Approach

Entrepreneurship and Innovation: An Economic Approach PDF Author: Bruce A. McDaniel
Publisher: Routledge
ISBN: 1317471377
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
This is a groundbreaking economic analysis of entrepreneurship and the development process for innovation. The author strives to distinguish the role of the capitalist from that of an entrepreneur, and to show how the actions of the entrepreneur impact new employment, economic growth, and advancements in the overall standard of living. The book provides in-depth discussion of several critical concepts: the economic development of a product; Schumpeter's "temporary monopoly control;" the economic bounds of product and process innovations; and changing production functions. It also develops and integrates an analysis of how innovation-induced modifications in either products or processes affect both short-run and long-run average costs in production. As a special feature, each chapter includes an interview with a successful entrepreneur. Suggested readings are also provided.

Business Model Innovation

Business Model Innovation PDF Author: Daniela Andreini
Publisher: Springer
ISBN: 3319533517
Category : Business & Economics
Languages : en
Pages : 185

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Book Description
This book presents a systematic literature review of 156 published papers on business model innovation (BMI). The aim is to identify and integrate the different theoretical perspectives, analytical levels, and empirical contexts in order to deepen understanding of this complex phenomenon. The authors conduct an inductive thematic analysis based on an informal ontological classification that identifies 56 key themes. Within each theme, discussion focuses on thematic patterns, potential inconsistencies and debates, and future directions and opportunities for research. The book makes a number of significant contributions to the field. First, it offers a deeper understanding of the evolution of research on BMI through an ontological map that identifies the key thematic areas in the literature. Second, a multilevel model is developed that clarifies the concept of BMI by identifying its drivers, contingencies, and outcomes. Third, the authors identify clear and specific directions for further research and offer suggestions on research design, creating an informative road map for the future. The book will be of value both to scholars and researchers and to practitioners.

Risk

Risk PDF Author: Arwen P. Mohun
Publisher: JHU Press
ISBN: 1421408252
Category : Science
Languages : en
Pages : 341

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Book Description
How have Americans confronted, managed, and even enjoyed the risks of daily life? Winner of the Ralph Gomory Prize of the Business History Conference “Risk” is a capacious term used to describe the uncertainties that arise from physical, financial, political, and social activities. Practically everything we do carries some level of risk—threats to our bodies, property, and animals. How do we determine when the risk is too high? In considering this question, Arwen P. Mohun offers a thought-provoking study of danger and how people have managed it from pre-industrial and industrial America up until today. Mohun outlines a vernacular risk culture in early America, one based on ordinary experience and common sense. The rise of factories and machinery eventually led to shocking accidents, which, she explains, risk-management experts and the “gospel of safety” sought to counter. Finally, she examines the simultaneous blossoming of risk-taking as fun and the aggressive regulations that follow from the consumer-products-safety movement. Risk and society, a rapidly growing area of historical research, interests sociologists, psychologists, and other social scientists. Americans have learned to tame risk in both the workplace and the home. Yet many of us still like amusement park rides that scare the devil out of us; they dare us to take risks.

Reshaping Entrepreneurship Education With Strategy and Innovation

Reshaping Entrepreneurship Education With Strategy and Innovation PDF Author: Ayandibu, Ayansola Olatunji
Publisher: IGI Global
ISBN: 1799831736
Category : Business & Economics
Languages : en
Pages : 422

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Book Description
New small business owners are constantly pressured to play a major role in the economic growth of their respected nation. However, revitalizing how individuals think, research, teach, and implement performance strategies to improve the operations of these small businesses is critical to entrepreneurial success. Reshaping Entrepreneurship Education With Strategy and Innovation is an essential reference source that discusses strategies to overcome performance barriers as well as implementation of effective entrepreneurial processes based on a wide range of global issues. Featuring research on topics such as authentic leadership, business ethics, and social entrepreneurship, this book is ideally designed for entrepreneurs, business professionals, scholars, researchers, students, and practitioners seeking coverage on innovative performance operations of small businesses.

New Perspective and Insights on Business Model Innovation using Systems Thinking and Action Case Studies

New Perspective and Insights on Business Model Innovation using Systems Thinking and Action Case Studies PDF Author: Bastian Halecker
Publisher: Cuvillier Verlag
ISBN: 3736982887
Category : Business & Economics
Languages : en
Pages : 251

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Book Description
In the 20th century, the dominance of firms in a market was based mainly on scale and large resources (George & Bock 2011). In contrast, firm success in the 21st century is influenced less by arguments about economies of scale in production and distribution (McQuivey 2013; Jin Zhang et al. 2015). It has become more important to explore novel ways of engaging customers and getting them to pay (Baden-Fuller & Mangematin 2015). This is the age of the customer, and customers alone dominate the purpose of business (e.g., Morris et al. 2005; Johnson et al. 2008).

The Federal Bureau of Investigation [2 volumes]

The Federal Bureau of Investigation [2 volumes] PDF Author: Douglas M. Charles
Publisher: Bloomsbury Publishing USA
ISBN:
Category : Law
Languages : en
Pages : 862

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Book Description
This authoritative set provides a one-stop resource for understanding specific FBI controversies as well as for those looking to understand the full history, law enforcement authority, and inner workings of the nation's most famous and important federal law enforcement agency. This authoritative two-volume reference resource uses a combination of encyclopedia entries and primary sources to provide a comprehensive overview of the FBI, detailing its history, most famous leaders and agents, institutional structure and authority, law enforcement responsibilities, reporting relationships to other parts of government, and major events and controversies. Today the FBI sits squarely at the intersection of major controversies surrounding the presidential campaign and administration of Donald Trump, foreign interference in U.S. elections, and politicization of law enforcement. But the FBI has always been in the political spotlight—its history is dotted with episodes that have come under heavy scrutiny, from its surveillance of civil rights leaders during the 1960s to the methods it employs to combat domestic terrorism in the post-9/11 era. And all the while, FBI agents and offices across the country continue to investigate a wide range of lawbreaking, from organized crime (in all its facets) to white-collar crime and corruption by public officials.

Contemporary Business

Contemporary Business PDF Author: Louis E. Boone
Publisher: John Wiley & Sons
ISBN: 1119498414
Category : Business & Economics
Languages : en
Pages : 672

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Book Description
Contemporary Business, 18th Edition, is a student friendly, engaging product designed to attract students to the field of business. Boone 18e offers a comprehensive approach to the material that will cater to a wide variety of students with different learning needs. Up-to-date content is vital to any Intro to Business course and Boone 18e with its contemporary style, wealth of new examples, and hot business topics can deliver that currency.

Enterprise: Entrepreneurship and Innovation

Enterprise: Entrepreneurship and Innovation PDF Author: Robin Lowe
Publisher: Routledge
ISBN: 1136405712
Category : Business & Economics
Languages : en
Pages : 471

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Book Description
Enterprise, Entrepreneurship and Innovation: Concepts, Contexts and Commercialisation provides readers with an accessible and readable introduction to the various dimensions of entrepreneurship and market innovation. It has a clear structure that is easy for the reader to follow and it focuses on enterprising behaviour. The text contains: * case studies and ‘pause and reflect’ situations for the entrepreneur to deliberate on the information they have available before making their decision. This helps to emphasise the point that there are few simple and straightforward decisions closely reflecting decisions in ‘real life’. * integrative personal development activities that provide a basis for readers to reflect on the learning of the chapters and develop a personal development strategy to increase their ability to become more entrepreneurial and improve their ability to manage market innovation. * an accompanying website giving students and lecturers access to additional resources in order to explore the subject further. A full set of powerpoint slides plus exercises is included, plus suggestions for the use in class of the case studies and other illustrations. Students can access further learning resources to build up their knowledge of innovation situations using the hotlinks to useful websites that will add further depth and bring up to date the case studies and illustrations. Enterprise, Entrepreneurship and Innovation: Concepts, Contexts and Commercialisation shows: * how to understand and acquire the entrepreneur’s skills, attitudes and knowledge * the techniques needed to generate new business and create a new organisation * how to become more innovative, self reliant, and opportunistic. * the learning and decision-making processes of entrepreneurs